California Lutheran University Financial Planning Scholarship

About the Scholarship

 

The California Lutheran University Financial Planning Scholarship program was established jointly by the CFP Board Center for Financial Planning and California Lutheran University in an effort to develop a more diverse and sustainable financial planner workforce, including increasing the number of CFP® professionals from populations that are currently underrepresented in the financial planning profession in terms of gender, race and ethnicity.

The scholarship awards up to $5,000 per student seeking to complete California Lutheran University's Certificate in Financial Planning, which qualifies candidates to sit for the CFP® certification exam.

Awardees will also receive a complimentary registration to attend one Academic Research Colloquium for Financial Planning and Related Disciplines.

ELIGIBILITY REQUIREMENTS

• Must not be a prior recipient of a CFP Board Center for Financial Planning scholarship.
• Must be legally able to work in the U.S.
• In order to receive the award, must be enrolled in the California Lutheran Certificate in Financial Planning Program. Click here to apply for the Certificate program and contact Graduate Admissions at clugrad@callutheran.edu to have the application fee waived. If not enrolled at the time of applying, scholarship awardees will have up to 3 months to enroll or forfeit the award.
• Must possess an undergraduate degree and must not have completed more than 5 courses in the Certificate program at the time of the application.
• Must demonstrate a financial need AND/OR be from underrepresented populations within the financial planning profession in terms of gender, race and ethnicity. Women of color will be strongly encouraged to apply.
• Must provide documentation of enrollment and costs prior to receiving the award.
• Applicants are not able to transfer courses from other universities.

Applicants who are selected to proceed to the final round of the application review process will be required to pass a background check conducted by CFP Board.

SUBMISSION REQUIREMENTS

Please note that applications will only be accepted through this webpage. Please do not attempt to submit application materials via email, mail or fax.

When submitting application essays and materials, please pay close attention to spelling and grammar, as that will be factored into the grading process.

AWARD PROCESS

Scholarship awards will be disbursed in two equal installments. To receive the first installment, recipients must demonstrate proof of enrollment in the California Lutheran Certificate in Financial Planning Program. If not currently enrolled, recipients will have up to 3 months to enroll after being notified of the award. The second installment will be awarded either upon completing the program (if the awardee has already started coursework) or when the awardee is half-way through the program (if the awardee has not yet started coursework).

APPLICATION DEADLINE

The application window will be open until October 22, 2023.

AWARD DECISION

Scholarship applicants will be notified of the award decision via email by November 30, 2023. If you have a question about the status of your application, please contact us at scholarships@cfpboard.org.